The Internal Revenue Service (IRS) has released its annual inflation adjustments for the 2025 tax year, providing crucial updates that will affect taxpayers when they file their returns in 2026. These adjustments, detailed in the Tax Procedure 2024-40 ...
The IRS estimates there will be 8,000 fewer audits of wealthy taxpayers and businesses though 2029 without the sidelined $20.2 billion.
No one loves the Internal Revenue Service, but we need the much-maligned agency having enough resources to make sure that everyone pays their fair share of taxes to support Uncle Sam and Republicans should not slash that funding.
The Internal Revenue Service announces inflation adjustments that impact tax brackets. Here's what you need to know.
The IRS said it will issue around $2.4 billion in "special payments" to taxpayers who haven't claimed federal stimulus checks.
New York Gov. Kathy Hochul announced a plan to give up to $500 to some taxpayers in an 'inflation refund.' One expert called it a patch solution.
The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for the energy investment tax
IRS leadership on Thursday announced that the agency has recovered $4.7 billion in back taxes and proceeds from a variety of crimes.
On December 12, 2024, the Internal Revenue Service (the “IRS”) and the Department of the ... The final regulations provide guidance on amendments to Section 48 under the Inflation Reduction Act of 2022 (the “IRA”). In November 2023, IRS and ...
The IRS released numbers for tax year 2024 back in November 2023 .
THE PHILIPPINES’ monetary policy may need to be calibrated to integrate increasingly drastic supply shocks, the International Monetary Fund (IMF) said. “Looking ahead, monetary policy may need to adjust to more frequent and severe supply-side shocks,
Passive income can be a great way to help you generate extra cash flow, whether you’re running a side hustle or just trying to get a little extra dough each month, especially as the sting of high prices hits consumers hard.